Economy - Page 3

12 months ago

Inflation Eases, But Concerns Persist as 2024 Election Approaches

As the U.S. gears up for a pivotal presidential election, inflation has quietly returned to normal levels, but it remains a top concern for many voters. According to a recent Ipsos poll,

U.K.-Inflation-Drops-to-3-Year-Low-Paving-Way-for-Rate-Cut-in-November

Economy

11 months ago

U.K. Inflation Drops to 3-Year Low, Paving Way for Rate Cut in November

Inflation in the United Kingdom has fallen to its lowest level in over three years, according to official data released on Wednesday. The decline in consumer prices has solidified market expectations that

Federal-Reserve's-Bostic-Cautions-on-Further-Rate-Cuts-Amid-Inflation-Concerns

Economy

12 months ago

Federal Reserve’s Bostic Cautions on Further Rate Cuts Amid Inflation Concerns

Federal Reserve Bank of Atlanta President Raphael Bostic has signaled cautious optimism as the central bank begins its rate-cutting cycle, starting with a larger-than-expected half-point reduction. The move, aimed at stabilizing the

Tariffs and Job Fears Hit US Consumer Confidence

Conference Board index falls to 93.0 as labor worries grow Consumer confidence in the United States took a sharp turn downward in June, with rising fears over job security and economic uncertainty

3 months ago

Economy

Oil Prices, Not War, Seen as Bigger Risk for Stocks

Market volatility hinges on crude, not missiles, say analysts Despite escalating tensions in the Middle East, equity markets remain resilient. Analysts now argue that the real threat to stocks isn’t war —

3 months ago

Economy

India’s Private Sector Hits 14-Month PMI High

Export orders surge, manufacturing jobs hit 20-year record India’s private sector activity surged in June, reaching its fastest growth in over a year, as strong domestic and export demand drove a spike

3 months ago

Economy

Dollar Drops as Fed Hints at Rate Cuts, Iran Eases

Fed’s Bowman and Waller shift tone, boosting rate cut bets The U.S. dollar weakened on Monday after Federal Reserve Governor Michelle Bowman, known for her hawkish stance, suggested the central bank should

3 months ago

Economy

German Business Activity Returns to Growth in June

Manufacturing recovery drives cautious optimism Germany’s business activity showed renewed signs of life in June, led by a strong rebound in manufacturing, according to flash PMI data released Monday by S&P Global

3 months ago

Economy

Trump Ramps Up Pressure on Fed, Floats Early Chair Replacement

Former President Donald Trump is once again taking aim at the Federal Reserve, renewing demands for immediate interest rate cuts while openly mocking its leadership. This latest jab coincided with comments from

3 months ago

Economy

Swiss Central Bank Cuts Rate to 0% Amid Deflation Fears

SNB move raises concerns over possible return to negative rates The Swiss National Bank (SNB) lowered its benchmark interest rate by 25 basis points to 0% on Thursday, intensifying speculation that Switzerland

3 months ago

Economy

Bank of Canada Wary of Persistent Inflation Risks

Governing council sees tariffs and trade disruptions as key threats Members of the Bank of Canada’s governing council expressed concern that underlying inflationary pressures driven by trade disruptions and geopolitical uncertainty could

3 months ago

Economy

UK Inflation Matches Forecast, BoE Expected to Hold Rates

May inflation at 3.4% as energy conflict clouds outlook British inflation cooled in May to an annual rate of 3.4%, in line with expectations, as the Bank of England prepares to decide

3 months ago

Economy

Retail Sales Slip as Tariff Impacts Cloud Outlook

Consumer Spending Weakens After March Surge U.S. retail sales fell 0.9% in May, marking the steepest monthly drop since January and signaling a slowdown in consumer activity. The decline was largely driven

3 months ago

Economy